Table 15-21 Tommy's Tie Company, a Monopolist, Has the Following Cost and Cost

question 604

Multiple Choice

Table 15-21
Tommy's Tie Company, a monopolist, has the following cost and revenue information. Assume that Tommy's is able to engage in perfect price discrimination.
-Refer to Table 15-21. If the monopolist can engage in perfect price discrimination, what is total profit at the profit-maximizing quantity?

• A)$325
• B)$435
• C)$565
• D)$1000

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